Fed's Powell Says Long-Term Inflation Expectations Well-Anchored

Federal Reserve Chair Jerome Powell said longer‑term inflation expectations 'appear to be in check' but the Fed is carefully monitoring them as it assesses effects from the US and Israel's war against Iran. His remarks signal vigilance for potential upside inflation pressure from geopolitical risk, which could influence the path of interest rates and Treasury yields. No policy action was announced; comments are informational but could keep markets sensitive to inflation and rate expectations.

Analysis

Federal Reserve Chair Jerome Powell said longer‑term inflation expectations 'appear to be in check' but the Fed is carefully monitoring them as it assesses effects from the US and Israel's war against Iran. His remarks signal vigilance for potential upside inflation pressure from geopolitical risk, which could influence the path of interest rates and Treasury yields. No policy action was announced; comments are informational but could keep markets sensitive to inflation and rate expectations.